Stocks of Barrick Gold Corp (NYSE:GOLD) traded higher last session on Wall Street, down -0.43% to $16.06.
GOLD stock price is now -2.52% away from the 50-day moving average and -10.36% away from the 200-day moving average. The market capitalization of the company currently stands at $28.07B.
With the price target reduced from $21 to $18, BofA Securities Downgraded its rating from Buy to Neutral for Barrick Gold Corp (NYSE: GOLD). , while ‘CIBC’ rates the stock as ‘Neutral’
A total of 0.72% of the company’s stock is owned by insiders.
During the past 12 months, Barrick Gold Corp has had a low of $13.76 and a high of $21.35. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 2.65, and a quick ratio of 2.06. According to the stock market information, the enterprise value for the company is $37762027520, which is based on a 17.32 price-to-earnings ratio, a 0.64 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for GOLD is $16.502 and a two-hundred day moving average price translates $17.92565 for the stock.
The latest earnings results from Barrick Gold Corp (NYSE: GOLD) was released for 2024-09-30. The net profit margin was 13.24% and return on equity was 6.95% for GOLD. The company reported revenue of $3.37 billion for the quarter, compared to $2.86 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.68 percent. For the current quarter, analysts expect GOLD to generate $3.98B in revenue.
